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Commercial Banking > Demand Deposit Account

Demand Deposit Account

Key Benefits and Features
  • A minimum of $500 is required to open an account.
  • Transfer between NBD accounts using Bank-A-Fon or –Bank-a-net, NBD Easy Cash Machines (ATMs) or at your local branch.
  • Receive detailed monthly statements.
  • Unlimited account balance and inquiries.
  • Payroll services are available.
  • Free cheques (pay only government stamp duty).
  • $25 NSF charge per cheque.
  • A fee of $1.00 per transaction is charged (minimum $10.00) per month.